17 Miami Avenue, Auburn, ME 04210
MULTI_FAMILY - Other - Auburn, ME
- Added:
- Jun 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 9 at 3:06 pm
Property Features for 17 Miami Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Basement
- Basement
- Dirt Floor, Full, Unfinished
- Standard status
- Active
- Size
- 1,513 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3617
Utilities
- Sewer type
- Private Sewer
- Heating system
- Baseboard, Hot Water(Heating), Oil
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Laminate
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Jason Erwin (978) 407-3255
Listing office EXP Realty 41 Hutchins Drive Building 3, Rangeley, ME (888) 439-8743
Listing date Jun 8, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑unit property on Route 202 in Auburn (17 Miami Avenue); second‑floor unit is currently tenant occupied
- Off‑street parking plus a large on‑site shed for storage and lawn equipment
- Recent improvements include new siding and spray foam insulation in the basement within the last few years
- Year built 1920 with wood‑frame construction and vinyl siding; roof is shingle
- Public water and private sewer
- Heating includes baseboard, hot water (heating), and oil; flooring includes vinyl, carpet, and laminate
Overview
The property is conveniently located along Route 202 in Auburn, Maine. With a lot size listed at 0.21 acres and a total property size of 1,513 square feet, the overall footprint supports straightforward day-to-day use and on-site storage.
For buyers considering owner-occupancy or income property ownership, the existing tenant in the second-floor unit provides immediate rental income while still allowing flexibility for future updates. The current condition supports rental use as-is, and the property also offers room for thoughtful improvements over time, depending on the buyer’s goals.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $14.28 |
| − Vacancy | −$287 | −$0.19 |
| EGI | $21.3k | $14.09 |
| − OpEx | −$6.4k | −$4.23 |
| NOI | $14.9k | $9.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.245188
- Latitude
- 44.07109
